With the approach of the 21st century,the Asia-Pacific Region where Chinais situated is becoming a new growthpoint of the world economy.The developmentof China’s economy will surely bring vitalityto the further prosp...With the approach of the 21st century,the Asia-Pacific Region where Chinais situated is becoming a new growthpoint of the world economy.The developmentof China’s economy will surely bring vitalityto the further prosperity of Asia-Pacific Regionand the overall development of the worldeconomy.With the daily deepening of therestructuring of China’s circulation systemand the increasing attractive investmentenvironment for foreign businessmen,China,with its 1.2 billion people,has become a largeworld market,that is highly competitive.展开更多
With the approach of the 21st century, the Asia-Pacific Region where China is situated is becoming a new growth point of the world economy. The development of China’s economy will surely bring vitality to the further...With the approach of the 21st century, the Asia-Pacific Region where China is situated is becoming a new growth point of the world economy. The development of China’s economy will surely bring vitality to the further prosperity of Asia-Pacific Region and the overall development of the world economy. With the daily deepening展开更多
Renewable energy,such as wind and solar energy,may vary signifi cantly over time and locations depending on the weather and the climate conditions.This leads to the supply uncertainty in the electricity(power) market ...Renewable energy,such as wind and solar energy,may vary signifi cantly over time and locations depending on the weather and the climate conditions.This leads to the supply uncertainty in the electricity(power) market with renewable energy integrated to power grid.In this paper,electricity in the market is classified into two types:stablesupply electricity(SSE) and unstablesupply electricity(USE).We investigate the investment and pricing strategies under the electricity supply uncertainty in wholesale and retail electricity market.In particular,our model combines the wholesale and retail market and capture the dominant players,i.e.,consumers,power plant(power operator),and electricity supplier.To derive the market behaviors of these players,we formulate the market decision problems as a multistage Stackelberg game.By solving the game model,we obtain the optimal,with closedform,wholesale investment and retail pricing strategy for the operator.We also obtain the energy supplier's best price mechanism numerically under certain assumption.We fi nd the price of SSE being about 1.4 times higher than that of USE will benefi t energy supplieroptimally,under which power plant's optimal strategy of investing is to purchase USE about 4.5 times much more than SSE.展开更多
With the accelerated development of population aging, the pressure to pay for the future pension fund in our country is increasing. Affected by many factors, such as investment limits, inflation and interest rate cut,...With the accelerated development of population aging, the pressure to pay for the future pension fund in our country is increasing. Affected by many factors, such as investment limits, inflation and interest rate cut, the rate of return on investment is very low. The introduction of the new policy allows the basic pension fund to enter the capital market, which is of great significance to improve the rate of return on investment, ease the pressure of capital gap, and promote the healthy development of the capital market. This paper makes a deep analysis of the rationality of the basic endowment insurance fund entering the market, and then puts forward some suggestions to avoid the risk of the pension market.展开更多
The article gives readers the main regulations of elaboration of capital actives evaluating model(CAPM)theory,topics of its practical usage,common ways of definition of investments(securities)optimal portfolio and on ...The article gives readers the main regulations of elaboration of capital actives evaluating model(CAPM)theory,topics of its practical usage,common ways of definition of investments(securities)optimal portfolio and on the basis of CAPM theory it is discussed evaluating methods of investing business,and it is highlighted two criteria of portfolio chosen by an investor—profit and risk.Besides,it is discussed modern modification of the mentioned model on the point of time horizon,a problem of time factor measurement while evaluating risk and profit,also evaluation of investing effectivity by using sharp coefficient.The work presents and evaluates possible income of securities and possibilities of risks in a modern way,which is characteristic only for CAPM model and it is considered to be its positive side.展开更多
Ⅰ.IntroductionDuring the past two decades,many multinationalenterprises(MNEs)have made substantial investmentsin emerging markets.Two factors dominate thereasoning in favor of such an investment strategy:lowlabor cos...Ⅰ.IntroductionDuring the past two decades,many multinationalenterprises(MNEs)have made substantial investmentsin emerging markets.Two factors dominate thereasoning in favor of such an investment strategy:lowlabor costs and the large size of the markets in the hostcountries.While these two economic factors seem quite展开更多
Crowdfunding Example China’s largest dark horse movie this summer,Monkey King：Hero Is Back amassed 700 million yuan（$112.7 million）in ticket sales as of July 28,beating Kung Fu Panda 2 as the top-grossing animated...Crowdfunding Example China’s largest dark horse movie this summer,Monkey King：Hero Is Back amassed 700 million yuan（$112.7 million）in ticket sales as of July 28,beating Kung Fu Panda 2 as the top-grossing animated film in Chinese cinemas.The film’s novel fundraising channel have impressed many Chinese moviegoers when Monkey King presented a long producer list that included 109 children,whose parents pooled their money to aid in the movie’s marketing.展开更多
文摘With the approach of the 21st century,the Asia-Pacific Region where Chinais situated is becoming a new growthpoint of the world economy.The developmentof China’s economy will surely bring vitalityto the further prosperity of Asia-Pacific Regionand the overall development of the worldeconomy.With the daily deepening of therestructuring of China’s circulation systemand the increasing attractive investmentenvironment for foreign businessmen,China,with its 1.2 billion people,has become a largeworld market,that is highly competitive.
文摘With the approach of the 21st century, the Asia-Pacific Region where China is situated is becoming a new growth point of the world economy. The development of China’s economy will surely bring vitality to the further prosperity of Asia-Pacific Region and the overall development of the world economy. With the daily deepening
基金supported in part by the National Natural Science Foundation of China(NSFC)No.61372116 and NSFC No.61201202 and NSFC No.61320001the Importation and Development of High-Caliber Talents Project of Beijing Municipal Institutions under Grant YETP0110
文摘Renewable energy,such as wind and solar energy,may vary signifi cantly over time and locations depending on the weather and the climate conditions.This leads to the supply uncertainty in the electricity(power) market with renewable energy integrated to power grid.In this paper,electricity in the market is classified into two types:stablesupply electricity(SSE) and unstablesupply electricity(USE).We investigate the investment and pricing strategies under the electricity supply uncertainty in wholesale and retail electricity market.In particular,our model combines the wholesale and retail market and capture the dominant players,i.e.,consumers,power plant(power operator),and electricity supplier.To derive the market behaviors of these players,we formulate the market decision problems as a multistage Stackelberg game.By solving the game model,we obtain the optimal,with closedform,wholesale investment and retail pricing strategy for the operator.We also obtain the energy supplier's best price mechanism numerically under certain assumption.We fi nd the price of SSE being about 1.4 times higher than that of USE will benefi t energy supplieroptimally,under which power plant's optimal strategy of investing is to purchase USE about 4.5 times much more than SSE.
文摘With the accelerated development of population aging, the pressure to pay for the future pension fund in our country is increasing. Affected by many factors, such as investment limits, inflation and interest rate cut, the rate of return on investment is very low. The introduction of the new policy allows the basic pension fund to enter the capital market, which is of great significance to improve the rate of return on investment, ease the pressure of capital gap, and promote the healthy development of the capital market. This paper makes a deep analysis of the rationality of the basic endowment insurance fund entering the market, and then puts forward some suggestions to avoid the risk of the pension market.
文摘The article gives readers the main regulations of elaboration of capital actives evaluating model(CAPM)theory,topics of its practical usage,common ways of definition of investments(securities)optimal portfolio and on the basis of CAPM theory it is discussed evaluating methods of investing business,and it is highlighted two criteria of portfolio chosen by an investor—profit and risk.Besides,it is discussed modern modification of the mentioned model on the point of time horizon,a problem of time factor measurement while evaluating risk and profit,also evaluation of investing effectivity by using sharp coefficient.The work presents and evaluates possible income of securities and possibilities of risks in a modern way,which is characteristic only for CAPM model and it is considered to be its positive side.
文摘Ⅰ.IntroductionDuring the past two decades,many multinationalenterprises(MNEs)have made substantial investmentsin emerging markets.Two factors dominate thereasoning in favor of such an investment strategy:lowlabor costs and the large size of the markets in the hostcountries.While these two economic factors seem quite
文摘Crowdfunding Example China’s largest dark horse movie this summer,Monkey King：Hero Is Back amassed 700 million yuan（$112.7 million）in ticket sales as of July 28,beating Kung Fu Panda 2 as the top-grossing animated film in Chinese cinemas.The film’s novel fundraising channel have impressed many Chinese moviegoers when Monkey King presented a long producer list that included 109 children,whose parents pooled their money to aid in the movie’s marketing.
